Average Project Management Specialists Salary in South Central Kentucky nonmetropolitan area
Project Management Specialists in South Central Kentucky's nonmetropolitan area earn an average annual salary of $80,540. This figure is notably lower than the national average of $108,900, reflecting the economic landscape and specific industry demands of the region. The localized pay scale is often influenced by factors such as the concentration of relevant industries and the overall economic output of nonmetropolitan areas.
Executive Summary
- Average Salary: $80,540 per year.
- Growth Trend: Salaries have shifted 7.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $116,170.
- Outlook: The local job market for Project Management Specialists in South Central Kentucky, with a total workforce of 400, indicates a niche presence. The Location Quotient of 0.35 suggests that this role is less concentrated here compared to the national average, implying a moderate but potentially stable demand within the existing industries that utilize these skills.
Salary Overview
The average Project Management Specialists in South Central Kentucky nonmetropolitan area earns-26.0%below the national average.
$38.7
$1,549
$6,712
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Project Management Specialists across the nation, and likely within this region, have experienced steady growth over the past four years. This trend is driven by the increasing complexity of projects and the continuous need for skilled professionals to oversee them effectively.
Project Management Specialists Salary Distribution in South Central Kentucky nonmetropolitan area
Salary progression for Project Management Specialists typically scales with experience. Entry-level positions might start significantly below the average, while senior-level roles, with their greater responsibilities and proven track records, command higher compensation. The percentile gaps between these experience levels signify clear career progression pathways and the increasing value placed on seasoned project leaders.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,090 | $22.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,405 | $29 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,200 | $36.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,675 | $48.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $116,170 | $55.9 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$80,540
Gross Pay
Real Wage (Purchasing Power)
$80,540
Adjusted for COL (100)
With an average annual salary of $80,540 and a Cost of Living Index of 100 (which matches the national average), the nominal salary in South Central Kentucky's nonmetropolitan area offers purchasing power equivalent to the national standard. This means that while the salary is lower than the national average, the cost of living does not present an additional disadvantage, making the take-home pay relatively stable in real terms.
Job Market Context
400
Total Jobs
2.306
Per 1K Jobs
0.35
Location Quotient
At 0.35x, South Central Kentucky nonmetropolitan area has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.35 for Project Management Specialists in South Central Kentucky's nonmetropolitan area indicates a lower concentration of these roles compared to the national average. This suggests that the job market is less saturated, potentially offering fewer opportunities but also less intense competition for qualified candidates within the local economy.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Project Management Specialists Salary | $91,820↑ 14% | 28 mi |
| Elizabethtown, KY Project Management Specialists Salary | $81,720↑ 1% | 66 mi |
| Louisville/Jefferson County, KY-IN Project Management Specialists Salary | $88,420↑ 10% | 72 mi |
| Cincinnati, OH-KY-IN Project Management Specialists Salary | $102,200↑ 27% | 100 mi |
Comparing salaries near South Central Kentucky nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in South Central Kentucky nonmetropolitan area?
The median annual salary for a Project Management Specialists in South Central Kentucky nonmetropolitan area is $80,540. This typically ranges from $47,090 for entry-level positions to $116,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Central Kentucky nonmetropolitan area is 26.0% lower than the national median of $108,900.
Is South Central Kentucky nonmetropolitan area a lucrative place for Project Management Specialists?
No, it is not considered lucrative compared to national averages.The average salary of $80,540 is significantly below the national average of $108,900, although the cost of living is on par with the national average.
Is South Central Kentucky nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in South Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($91,820) and Elizabethtown, KY.
How does the local workforce size affect job prospects?
A local workforce of 400 Project Management Specialists suggests a smaller, more specialized market, which could mean fewer openings but potentially less competition for those with the right skills.
What does a Location Quotient of 0.35 mean for job seekers?
A Location Quotient below 1.0, like 0.35, indicates that Project Management Specialists are less common in this region than the national average, suggesting a potentially less competitive but also less abundant job market.
How does the cost of living compare to the salary?
The Cost of Living Index of 100 means that the local expenses are average nationally. Therefore, the $80,540 salary provides average purchasing power, despite being below the national average salary.
Are there many Project Management Specialist jobs in South Central Kentucky?
With 2.306 jobs per 1,000 workers, the availability of Project Management Specialist roles is moderate, reflecting the specific needs of the nonmetropolitan economy rather than broad national trends.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the South Central Kentucky nonmetropolitan area area with a job density of 2.306 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Project Management Specialists Salaries by State
Top Jobs in South Central Kentucky nonmetropolitan area
- All Occupations Salary in South Central Kentucky nonmetropolitan area
- Production Occupations Salary in South Central Kentucky nonmetropolitan area
- Office and Administrative Support Occupations Salary in South Central Kentucky nonmetropolitan area
- Transportation and Material Moving Occupations Salary in South Central Kentucky nonmetropolitan area
- Sales and Related Occupations Salary in South Central Kentucky nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in South Central Kentucky nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in South Central Kentucky nonmetropolitan area
- Educational Instruction and Library Occupations Salary in South Central Kentucky nonmetropolitan area
- Management Occupations Salary in South Central Kentucky nonmetropolitan area
- Healthcare Support Occupations Salary in South Central Kentucky nonmetropolitan area
- Browse All Jobs in South Central Kentucky nonmetropolitan area →
Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in South Central Kentucky nonmetropolitan area